BC -‘Help Wanted’
Prince George, B.C. – If you’re looking for a job, B.C. is the place to be. According to the latest information from the Canadian Federation of Independent Business, B.C. has the highest job vacancy rate in Canada.
The job vacancy rate in this province was sitting at 3.2 per cent, or 56,500 vacant positions in the province. The rate is unchanged from the first quarter of 2016.
“Many BC businesses are looking to hire, and are finding it challenging to fill those positions with qualified labour,” notes Aaron Aerts, CFIB BC economist.
And there is a link between vacancies and wages according to the CFIB’s Help Wanted survey. Businesses with at least one vacancy reported planned average organization-wide wage increases of 1.8 per cent in Q2, 2016, while those fully staffed reported planned increases of only 1.1 per cent.
Nationally, the vacancy rate is sitting at 2.4% unchanged from the first quarter. “We’re continuing to see a moderate softness in Canada’s overall labour market,” said Ted Mallett, CFIB chief economist. “Weakness is still concentrated in the prairies where Alberta’s vacancy rate of 1.5 per cent is a record low for the 12 years we’ve been collecting the data.”